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Risk Management tag returned 2688 results

  • Ensuring food security in Africa needs more than agricultural insurance

    Agricultural insurance is not the only factor that can improve food security, according to Mr Gael Certain, head - Agriculture EMEA, and Mr Mario Wilhelm, head - Middle East & Africa Public Sector Solutions, both of Swiss Re.

    Africa | 05 Jun 2023
  • African insurers cite drought as top risk in agriculture

    The top three risks to agriculture in several African countries are drought, followed by floods and extreme weather due to global warming, according to the results of a survey commissioned by the African Insurance Organisation (AIO).

    Africa | 05 Jun 2023
  • Egypt: Insurance federation forms panel to look into creating disaster insurance pool

    The Insurance Federation of Egypt has announced that it has formed a committee to study the establishment of a natural disaster insurance pool in the Egyptian market, with the aim of providing insurance coverage for citizens against potential natural hazards and protecting state property.

    Middle East | 05 Jun 2023
  • Saudi Arabia: Al Rajhi plans to increase issued capital by 1.5 times

    Al Rajhi Company for Cooperative Insurance, among the top five insurers in Saudi Arabia by premium income, has proposed a capital increase of 150% through the issuance of 1.5 shares for each share already owned.

    Middle East | 05 Jun 2023
  • Insurers push on in drive to increase capital

    Insurance companies in China are continuing to increase their capital, after the implementation in 2022 of the China Risk-Oriented Solvency System (C-ROSS) Phase II regime.

    China | 02 Jun 2023
  • As attacks surge, organisations refuse to pay ransoms

    Even as ransomware attacks doubled in frequency in the last quarter of 2022 and into the first quarter of 2023, majority of organisations hit by the attacks recovered data and systems without paying a ransom according to the first edition of cyber risk firm Resilience annual report.

    Asia Risk | 31 May 2023
  • Move on banning vague 'green' claims

    The European Council (EC) has adopted a 'negotiating mandate' on the proposed directive to empower consumers for the green transition, which aims at enhancing consumers┬┤ rights by amending the unfair commercial practices directive (UCPD) and the consumer rights directive (CRD).

    Asia Risk | 31 May 2023
  • New net-zero benchmark principles

    The Institutional Investors Group on Climate Change (IIGCC) has released a new report outlining how index providers can enhance net-zero benchmarks.

    Asia Risk | 31 May 2023
  • China: Solvency of insurance industry generally adequate in 1Q

    China's insurance sector maintained steady operation and adequate solvency in the first quarter of the year, the country's financial regulator has said.

    Asia | 30 May 2023
  • Indonesia: Capital increases to strengthen solvency but challenge weaker insurers

    The Indonesian regulator's proposal to raise minimum paid-up capital requirements for insurers may initiate a capital inflow into the sector, strengthening insurers' capital profiles and supporting the industry's development, Fitch Ratings says.

    Asia | 25 May 2023

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